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Qualcomm

NASDAQ: QCOM · USD

Qualcomm margins

Profitability and cash generation as a share of revenue.

Gross margin

%

53.05%
Jun 28, 2009 through Jun 28, 2026

Operating margin

%

16.35%

Net margin

%

20.13%

EBITDA margin

%

20.33%

Operating cash flow margin

%

9.96%

Free cash flow margin

%

4.98%

Capex / revenue

%

4.99%

SBC / revenue

%

8.34%

Quarterly data

Qualcomm margins history. Each metric has its own unit. A dash means inputs are missing or the calculation is undefined.
Fiscal periodEndedGross margin%Operating margin%Net margin%EBITDA margin%Operating cash flow margin%Free cash flow margin%Capex / revenue%SBC / revenue%
FY 2026 Q3Jun 28, 202653.05%16.35%20.13%20.33%9.96%4.98%4.99%8.34%
FY 2026 Q2Mar 29, 202653.77%21.79%69.53%25.68%23.11%18.08%5.03%8.12%
FY 2026 Q1Dec 28, 202554.55%27.47%24.52%30.68%40.52%36.04%4.48%7.25%
FY 2025 Q4Sep 28, 202555.34%25.89%-27.66%29.18%35.45%31.84%3.61%5.88%
FY 2025 Q3Jun 29, 202555.56%26.65%25.72%30.49%27.74%24.9%2.84%6.36%
FY 2025 Q2Mar 30, 202555.03%28.42%25.61%32.03%23.26%21.31%1.95%6.39%
FY 2025 Q1Dec 29, 202455.77%30.47%27.25%34.2%39.31%36.94%2.37%6.5%
FY 2024 Q4Sep 29, 202456.39%25.2%28.5%29.49%25.84%23.34%2.5%6.8%
FY 2024 Q3Jun 23, 202455.56%23.65%22.67%28.11%32.49%28.37%4.12%6.86%
FY 2024 Q2Mar 24, 202456.27%24.92%24.77%29.3%37.85%35.89%1.96%7.51%
FY 2024 Q1Dec 24, 202356.6%29.47%27.85%33.87%29.68%27.53%2.15%6.06%
FY 2023 Q4Sep 24, 202355.05%16.34%17.26%21.69%47.39%43.99%3.39%7.04%
FY 2023 Q3Jun 25, 202355.13%21.57%21.33%27.24%31.44%27.82%3.62%7.27%
FY 2023 Q2Mar 26, 202355.22%22.53%18.37%27.6%15.71%10.82%4.88%6.77%
FY 2023 Q1Dec 25, 202257.27%26.05%23.62%30.25%32.71%28.5%4.21%6.7%
FY 2022 Q4Sep 25, 202257.28%32.17%25.21%36.47%12.69%7.13%5.56%4.57%
FY 2022 Q3Jun 26, 202255.96%40.89%34.11%44.9%26.47%21.41%5.07%4.72%
FY 2022 Q2Mar 27, 202258.37%34.56%26.28%38.39%24.17%19.77%4.4%4.46%
FY 2022 Q1Dec 26, 202159.8%36.1%31.75%39.89%19.22%13.77%5.45%4.63%
FY 2021 Q4Sep 26, 202157.83%31.08%29.97%35.64%11.54%6.93%4.61%4.55%
FY 2021 Q3Jun 27, 202157.77%27.23%25.15%32.27%41.85%35.57%6.28%5.26%
FY 2021 Q2Mar 28, 202156.75%27.3%22.21%32.17%36.69%30.6%6.09%5.32%
FY 2021 Q1Dec 27, 202057.63%30.67%29.81%35.09%38.55%32.86%5.7%4.76%
FY 2020 Q4Sep 27, 202066.86%41.36%35.47%45.42%20.86%16.69%4.17%3.75%
FY 2020 Q3Jun 28, 202057.49%15.98%17.27%23.4%38.26%29.72%8.54%6.05%
FY 2020 Q2Mar 29, 202055.96%19%8.97%25.52%20.76%14.15%6.61%5.92%
FY 2020 Q1Dec 29, 201958.38%20.29%18.22%27.2%22.02%16.19%5.83%5.79%
FY 2019 Q4Sep 29, 201956%14.56%10.51%21.83%25.49%18.9%6.58%7.04%
FY 2019 Q3Jun 30, 201978.06%55.18%22.3%58.85%50.95%48.38%2.57%2.55%
FY 2019 Q2Mar 31, 201956.26%18.87%13.31%25.79%15.94%12.53%3.41%4.46%
FY 2019 Q1Dec 30, 201854.81%14.66%22.06%21.95%7.35%4.21%3.14%4.75%
FY 2018 Q4Sep 30, 201850.89%-11.27%-8.5%-4.45%-7.51%-10.25%2.74%3.86%
FY 2018 Q3Jun 24, 201855.51%16.52%21.77%23.91%36.67%32.85%3.82%3.38%
FY 2018 Q2Mar 25, 201857.44%8.38%6.9%15.76%9.81%6.29%3.52%4.22%
FY 2018 Q1Dec 24, 201756.11%0.48%-98.1%6.46%29.04%25.31%3.72%4.09%
FY 2017 Q4Sep 24, 201755.09%5.64%2.85%12.36%——4.44%3.42%
FY 2017 Q3Jun 25, 201753.68%14.39%16.12%21.71%1.53%-1.77%3.3%4.23%
FY 2017 Q2Mar 26, 201755.98%14.53%14.93%21.35%16.25%13.82%2.43%4.9%
FY 2017 Q1Dec 25, 201659.28%12.97%11.37%18.45%22.99%20.84%2.15%3.98%
FY 2016 Q4Sep 25, 201658.94%29.17%25.86%34.61%——2.43%3.44%
FY 2016 Q3Jun 26, 201658.07%26.34%23.89%32.23%30.44%28.19%2.25%3.9%
FY 2016 Q2Mar 27, 201661.43%25.49%20.97%32.19%13.28%11.03%2.25%4.45%
FY 2016 Q1Dec 27, 201556.12%29.18%25.94%35.48%47.43%45.21%2.22%4.28%
FY 2015 Q4Sep 27, 201558.72%20.89%19.45%26.87%30.87%27.58%3.28%4.27%
FY 2015 Q3Jun 28, 201557.97%21.18%20.3%26.27%36.28%30.01%6.28%4.65%
FY 2015 Q2Mar 29, 201561.88%19.38%15.27%23.79%-9.54%-12.39%2.84%3.61%
FY 2015 Q1Dec 28, 201457.08%29.07%27.78%33.12%33.3%29.74%3.56%3.85%
FY 2014 Q4Sep 28, 201458.8%29.77%28.3%34.21%24.19%20.76%3.44%3.78%
FY 2014 Q3Jun 29, 201459.74%30.49%32.88%34.78%39.27%36.95%2.32%4.03%
FY 2014 Q2Mar 30, 201461.02%31.25%30.77%35.79%28.49%19.27%9.22%3.93%
FY 2014 Q1Dec 29, 201359.14%22.55%28.31%26.65%42%38.83%3.17%4.26%
FY 2013 Q4Sep 29, 201358.12%24.51%23.16%28.72%38.73%35.03%3.7%4.23%
FY 2013 Q3Jun 30, 201360%26.86%25.31%30.95%33.27%28.24%5.03%4.5%
FY 2013 Q2Mar 31, 201361.27%30.65%30.47%34.7%36.19%31.47%4.72%4.36%
FY 2013 Q1Dec 30, 201262.83%34.7%31.67%38.7%32.82%29.41%3.41%4.7%
FY 2012 Q4Sep 30, 201262.2%25.35%26.09%30.63%28.93%23.79%5.13%5.81%
FY 2012 Q3Jun 24, 201262.84%29.87%26.09%34.65%19.93%11.31%8.63%5.71%
FY 2012 Q2Mar 25, 201263.93%30.63%45.11%34.9%38.2%32.61%5.58%4.88%
FY 2012 Q1Dec 25, 201162.53%33.13%29.93%37.58%38%30.34%7.67%5.28%
FY 2011 Q4Sep 25, 201163.64%30.07%25.65%35.92%44.21%39.52%4.69%6.22%
FY 2011 Q3Jun 26, 201164.73%30.72%28.57%35.83%34.89%28.84%6.04%5.33%
FY 2011 Q2Mar 27, 201164.83%27.69%25.78%38.89%45.63%43.59%2.04%5.19%
FY 2011 Q1Dec 26, 201066.25%33.15%34.95%39.16%1.43%-1.61%3.05%5.2%
FY 2010 Q4Sep 26, 201066.53%28.35%29.3%34.15%37.03%33.2%3.83%5.39%
FY 2010 Q3Jun 27, 201066.56%29.27%28.34%35.4%35.14%30.82%4.32%5.51%
FY 2010 Q2Mar 28, 201069.62%29.14%29.06%35.41%29.78%25.72%4.06%5.75%
FY 2010 Q1Dec 27, 200969.44%32.92%31.5%38.99%46.4%43.11%3.3%5.66%
FY 2009 Q4Sep 27, 200969.37%22.19%29.85%28.7%49.11%43.75%5.35%5.5%
FY 2009 Q3Jun 28, 200968.62%32.47%26.77%38.07%39.48%34.07%5.41%5.48%
Sources and calculations

Financial inputs from company filings. Last checked Oct 18, 2026. A dash means missing inputs or an undefined calculation.

Period changes use the preceding fiscal quarter or year. Percentage changes divide by the absolute prior value; a zero or missing baseline has no percentage change. Percentage metrics show changes in percentage points.

FCF subtracts reported cash capital investment. PPE purchases are preferred; the productive-assets fallback also includes software and intangibles. Acquisitions and noncash lease additions are excluded. EPS and weighted shares are not summed across quarters. Annual figures use annual reports.

The SBC option subtracts reported share-based compensation from FCF as an economic-cost scenario. Missing SBC never becomes zero.

Market prices: Yahoo Finance · QCOM, USD. Latest completed close Sep 25, 2026. Price data retrieved Sep 28, 2026.

Gross margin
Gross profit / revenue × 100. Uses revenue − reported cost of revenue when gross profit is absent.
Operating margin
Operating income / revenue × 100. Uses reported operating income, or reported pretax income less the complete nonoperating income/expense total when both are available.
Net margin
Reported net income / revenue × 100.
EBITDA margin
(Operating income + reported depreciation and amortization) / revenue × 100. An EBITDA proxy, not adjusted EBITDA.
Operating cash flow margin
Operating cash flow / revenue × 100.
Free cash flow margin
Free cash flow / revenue × 100. Reflects the selected reported capex scope and the SBC option.
Capex / revenue
Reported cash capital investment / revenue × 100. Uses PPE purchases or, when those are not separately tagged, the broader productive-assets total.
SBC / revenue
Reported share-based compensation / revenue × 100.